Clyde & Co advises Phoenix International on its acquisition of Phoenix Middle East

Global law firm Clyde & Co and PedersoliGattai assisted Phoenix International, an Italian company specialising in extrusion dies for aluminium, and a platform company of the asset manager Ambienta SGR, in finalising the acquisition of a majority stake in the joint venture Phoenix ME, based in the United Arab Emirates, specialised in aluminium extrusion dies.

Clyde & Co acted as the local advisor with a team led by partner Roshanak Bassiri Gharb (corporate, Dubai/Abu Dhabi). She was supported by partner, Keith Hutchison (dispute resolution, Abu Dhabi), legal director Lucy Nash (dispute resolution, Dubai) and associates Sara Magdy (corporate, Dubai) and Raahil Mirchandani (corporate, Dubai). 

Roshanak Bassiri Gharb comments: “We are thrilled to have advised Phoenix International, in this strategic transaction alongside leading Italian law firm PedersoliGattai (a platform company of the European asset manager, Ambienta SGR). Our role in this transaction demonstrates our team’s ability to leverage on our cross-border and regional expertise to deliver a successful outcome.”

With over 30 years of experience in the Middle East and Africa (MEA), Clyde & Co is one of the largest international law firms with over 80 partners and over 540 staff operating through 10 offices and associated offices in Abu Dhabi, Cairo, Cape Town, Dar es Salaam, Doha, Dubai, Jeddah, Johannesburg, Nairobi, and Riyadh. Clyde & Co supports international and local organisations throughout the wider region with a full-service offering of local specialists across most business sectors and services of law, including commercial, commercial disputes, corporate, cyber risk, data protection & privacy, employment & immigration, finance, global recoveries, insolvency & reorganisation, intellectual property, international arbitration, projects & construction, real estate, regulatory & investigations, and technology, outsourcing & data.